Global Crypto Craze: 562 Million Embrace Digital Currency
The number of people owning and using digital currencies has risen to 562 million, up from 420 million in 2023.
Approximately 6.8% of the global population is now involved in digital currencies.
Crypto ownership in North America surged by 38.6%, from 52.1 million to 72.2 million users.
South America saw a 116.5% increase in crypto owners, while Europe experienced a 60.3% rise.
South America saw a 116.5% increase in crypto owners, while Europe experienced a 60.3% rise.
The spike is due to better understanding of cryptocurrencies, increased digital payment use, the need for financial protection, and the growth of DeFi platforms.
Cryptocurrencies are becoming crucial to the global financial system, despite the associated risks and instability from scams and frauds.